"HII Mission Technologies earns approximately $4.5 billion annually, accounting for 1% of all DoD contract spending by developing unmanned underwater vehicles and drones for naval missions."
"Pfizer generated around $10 billion in defense contracts in 2023, driven by COVID-19 vaccine contracts, constituting 2.1% of total DoD spending and supplying military medications."
"General Electric's GE Aerospace earns about $5 billion annually, representing 1.1% of DoD spending, focusing on producing engines for military aircraft and enhancing their performance."
"Booz Allen Hamilton is a critical contractor for the US military, known for its strategic consulting and technology services, heavily involved in defense operations."
The US military budget is the largest in the world, leading to billions in dollars generated by defense contractors. These companies supply a diverse range of items including technology, vehicles, and intelligence services. In 2023, notable contractors include HII Mission Technologies with $4.5 billion in revenue, Pfizer at $10 billion, and GE Aerospace earning around $5 billion. Each company plays a critical role in supplying the military, enhancing capabilities and meeting operational demands through their specialized services.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]